<p>I think it is important to look at each firm’s culture and where they are in building up their talent. </p>
<p>MS lost a lot of senior people few years back. They are not where they used to be. At the same time, their senior people are saying the new talents (analysts and associates) are their future. </p>
<p>JP has a good name, but it is a big factory. They hire a lot of people, possibly lose a lot of them too. </p>
<p>GS puts their people through the grinder, and for no good reason. It’s similar to a boot camp. It is the only firm that I advised my daughter not to work for. In speaking with her friends this summer, she agreed with me.</p>
<p>My daughter made her own choice with her summer internship (she had 4 offers). It was a hard choice, but at the end she went with a firm that’s #1 in the area she wanted to be in, and people she liked to work with. It wasn’t a #1 most people wanted to work for. She was proven to be right because the firm took the time to train their interns. The interns were hazed a bit, but overall treated with certain respect. Senior managers mentored my daughter, and she noticed most of those managers had a life outside of work. It may not be intense enough for some people, but it fits with what she wants out of her career/life.</p>